operating Profit target

Arges Private Equity has been chosen as the preferred negotiator for attracting investment in CJ Foodville, the food service subsidiary of South Kor...

Speculative investors in South Korea have started to amass shares related to Mxene, touted as a next-generation material, after dumping a large numb...

Hanwha Life Insurance Co.’s Vietnamese subsidiary has reported a cumulative profit in 15 years, marking the first South Korean insurers’...

Yeongam, South Jeolla Province -- On Aug. 14, workers at Hyundai Samho Heavy Industries Co.'s shipyard were meticulously inspecting the cargo hold o...

South Korea’s largest hypermarket chain E-Mart Inc., a unit of domestic retail giant Shinsegae Group, on Wednesday posted disappointing second...

South Korea's Samsung C&T Corp. on Wednesday said its US-based green energy affiliate Samsung C&T Renewables sold a project for construction...

Global banking giants’ South Korean units saw their first-half earnings led by non-interest income and business expenditures. Citibank Korea&r...

South Korea’s Hyundai Steel Co. has sold its subsidiary in Chongqing, China to further scale back Chinese operations as it loses ground to low...

Nomura Securities recently said global new shipbuilding orders likely peaked in 2022, slashing its stock recommendation rating on industry leader HD...

South Korean game developers are struggling to revive gamers’ interest without releasing new blockbuster titles to fill the big shoes left by ...

Cosmax Inc., South Korea's biggest cosmetics maker using original design manufacturing (ODM), has opened Asia's largest cosmetics plant in China. ...

South Korea’s Government Employees Pension Service (GEPS) has shortlisted four global investment firms, Blackstone, KKR & Co., Goldman Sac...

South Korea's Taihan Cable & Solution Co. announced on Friday that its consolidated operating profit for the first half of this year reached 41....

South Korean food and beverage giant Nongshim Co. saw operating profit in the first half of the year more than double thanks to strong instant noodl...

Hanon Systems, a leading South Korean maker of automotive thermal management systems, posted surprising results in the second quarter in blowing awa...

SK Hynix Inc.'s latest mobile DRAM chip LPDDR5T is expected to be mounted on MediTek Co.’s next-generation mobile application processor (AP) c...

The Ministry of Oceans and Fisheries of South Korea announced on Thursday that the passenger ferry New Grand Peace is set to embark on Friday aftern...

South Korea’s Hyundai Mobis Co. has bagged a deal purportedly worth billions of dollars to supply a key electric vehicle component to Volkswag...

Coupang Inc., South Korea’s leading delivery service provider, on Wednesday posted an all-time high quarterly profit and revenue, driven by it...

 South Korea’s Lotte Chemical Corp. has posted an operating loss for a fifth straight quarter due to sluggish petrochemical demand.The co...

South Korea’s low-cost carriers (LCCs) posted their highest-ever quarterly profits on the back of a surge in international travel as the indus...

LG Uplus Corp., South Korea’s third-largest mobile carrier, aims to develop its electric vehicle charging joint venture with Kakao Mobility Co...

South Korea’s leading swimwear maker Barrel is stepping up its profitability after losses during COVID-19 as its new owner has saved costs thr...

Samsung Electronics Co. solidified its position as the world’s top smartphone vendor by volume in the second quarter, widening its sales gap w...

LG Energy Solution Ltd., the world’s No. 2 battery maker, and Zhejiang Huayou Cobalt Co., the global refined cobalt leader, have launched a ce...

South Korea’s SK Nexilis Co. is set to supply copper foil, core materials for electric vehicle cells, to German battery maker Varta AG, expand...

South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) on Thursday said it landed a deal to build two liquefied natural gas (L...

Kakao Corp. on Thursday announced that it will transform South Korea’s dominant mobile messaging app KakaoTalk into an AI-powered platform com...

South Korea’s top online portal Naver Corp. on Friday posted record operating profit in the second quarter, driven by robust sales growth in i...

Korean Air Lines Co.’s operating profit in the second quarter fell over 30% from the same period last year in line with market consensus.Consi...